Elvis Presley’s Graceland will go to Lisa Marie Presley’s three daughters

Elvis Presley’s Graceland will go to Lisa Marie Presley’s three daughters

Graceland, the enduring sprawling property that when belonged to Elvis Presley, will go to Lisa Marie Presley’s three daughters.

Lisa Marie, the one baby of the rock and roll legend and Priscilla Presley, died Thursday after she went into cardiac arrest in her California house. She was 54.

The Memphis, Tenn., mansion, which was handed all the way down to the crooner’s daughter following his loss of life in 1977, will profit Lisa Marie’s daughters Riley, 33, and 14-year-old twins Harper and Finley, a consultant for Graceland confirmed to Folks on Monday.

Lisa Marie shared Riley and her late son Benjamin, who died by suicide in 2020, with Danny Keough. She was married to Keough from 1988 to 1994.

The late singer shared her twins with ex-husband Michael Lockwood. The pair have been married for a decade after tying the knot in 2006.

Graceland will go to Lisa Marie Presley’s three daughters: Riley Keough, 33, and twins Harper and Finley Lockwood, 14.Instagram/lisamariepresley

The Graceland mansion at all times held significance for Lisa Marie and her household. It was her childhood house, and — extra notably — it was the place her father died aged 42.

After the “Blue Suede Footwear” singer’s loss of life in 1977, the property was left to Lisa Marie as a part of her eye-watering inheritance. She obtained her inheritance in a belief on her twenty fifth birthday, successfully turning into the only proprietor of Graceland.

Along with the property, Lisa Marie obtained $100 million. However resulting from mismanagement and unlucky investments, the late singer stated virtually all the cash quickly disappeared.

Guests queue to enter the Graceland mansion of Elvis Presley on August 12, 2017 in Memphis, Tennessee.
AFP by way of Getty Photographs

Rock and roll singer Elvis Presley strolls the grounds of his Graceland property in 1957. Michael Ochs Archives

To make sure the identical didn’t occur to Graceland, Lisa Marie shaped a brand new belief, dubbed The Elvis Presley Belief, alongside together with her 77-year-old mom, Priscilla. The belief was additionally shaped with the assistance of the Nationwide Financial institution of Commerce.

In a bid to amp up income, Graceland, which was bought for $100,000 in 1957 by Elvis, opened its doorways to paying guests and even supplied excursions in addition to in a single day stays.

The lavish property is now value an estimated $500 million, per Rolling Stone.

Lisa Marie obtained $100 million, however the late singer stated virtually all the cash quickly disappeared.WireImage

Talking in 2013, Lisa Marie stated she is going to see to it that the property “won’t ever be bought.”

“Graceland was given to me and can at all times be mine,” she instructed USA In the present day on the time. After which handed to my youngsters.”

It comes because the Presley household introduced {that a} public memorial for Lisa Marie can be held on the property on January 22.

Reps beforehand instructed Web page Six that Lisa Marie can be laid to relaxation there together with her father and late son, Benjamin.

About Muji Sakawari

Check Also

Giants, Jets hosting twin conference title games would be a dream

Giants, Jets hosting twin conference title games would be a dream

Is that this a fever dream? After all it’s a fever dream.  However then, so lots of the real-life issues that occur to and for us in sports activities start [...]